Ahmed Bin Sulayem continues to play a leading role in positioning DMCC and Dubai as a major international commodities hub for trade. Under his leadership DMCC has built and delivered the UAE’s largest and fastest growing Free Zone; ensured the UAE has 60 percent market share of global tea re-exports, enabled mainly by the DMCC Tea Centre; helped establish Dubai as the world’s leading physical gold market and one of the world’s top 3 hubs for the diamond trade. Mr. Bin Sulayem’s extensive knowledge of the diamond trade also led to his appointment as global Kimberley Process Chair on behalf of the UAE Ministry of Economy in 2016. The UAE Chairmanship saw Mr Bin Sulayem travel to 20 countries including Latin America before concluding the successful chairmanship with a speech on the draft resolution “The Role of Diamonds in Fuelling Conflict” at the UN General Assembly in February 2017.
Appointed Chief Executive Officer of DMCC, the authority on trade, enterprise and commodities in Dubai, in February 2014. Mr. Sashittal spent a large part of his career in the oil and gas industry with Royal Dutch Shell plc, and brings more than 25 years of international business and commodities experience to the Region. Prior to joining DMCC, he was the CFO of the DGCX, the Middle East's first derivatives exchange.
GLOBAL HEAD OF CITIZENSHIP
Michael began his career as a teacher moving into government service in 1986 supporting policy initiatives to bring employment and development to Britain’s inner cities. In 1990 he started working for TVAM on education programming and then GMTV as its Chief Political Correspondent. In 1994 Michael moved to the BBC as a presenter on the weekly Around Westminster programme before joining its Corporate Affairs division. In 1996 he became the BBC’s head of Public Affairs and then its first head of Corporate Social Responsibility in 2003 before becoming KPMG international’s Global Head of Citizenship in 2006.
Michael has represented KPMG International on the Global Corporate Citizenship Committee of the World Economic Forum from 2008 to 2010. In 2009 he became a Member of the World Economic Forum’s Global Council on Diversity and Talent, in 2010 served on the Global Agenda Council on the Next Generation and in 2011 became a member of the World Economic Forum’s Global Agenda Council on the Role of Business. In 2012-2014 he led the WEF Global Agenda Council, The Future of Civil Society and in 2016 joined the WEF Global Agenda Council on Migration.
Michael is also a Trustee of the Vodafone Group Foundation and a Vice President of UNICEF UK and Tearfund. He was previously a non-executive Director of British Telecom (on the Board for Responsible and Sustainable Business) for nine years and was a Global Board member of Millennium Promise until January 2016. In 2010 he was a leading adviser to the Chatham House enquiry into the Future Role of the UK in Foreign Affairs. Michael also sat on the Council of the Overseas Development Institute in the UK and previously on the Centre for Global Development in the USA. Michael has also been a Board Director of the Global Reporting Initiative (GRI) from 2010 to 2012 and is President of ZANE - a development aid agency focussed on Zimbabwe. He is also a Patron of Free the Children and a Director of Junior Achievement Worldwide.
In 2003, Michael was awarded a CBE (Commander of the British Empire) for services to crime reduction which includes 15 years as Chair of Crime Concern and nine years serving on the Commission for Racial Equality (1993-2001). In 2005, Michael was awarded an independent peerage to the House of Lords. In the same year he received the UNICEF Award from the then UK Chancellor for his outstanding contribution to understanding and effecting solutions for Africa’s children.
In 2014, Michael was conferred with a Doctorate in Civil Law from the University of Kent, Canterbury in recognition for his leadership at KPMG, the BBC and for his work in international development and corporate responsibility. In 2017 Michael was installed as the Chancellor of Regent's University London.
SHANGHAI GOLD EXCHANGE
Since taking office as the Chairman of SGE, Mr. Jiao Jinpu has put forward a market-based and internationalized development strategy. Under his leadership, SGE rolled out the Shanghai Gold and People’s Gold initiatives. On April 19th 2016 SGE launched the first-ever RMB-denominated Shanghai Gold Benchmark Price. Prior to his appointment with SGE, Mr. Jiao Jinpu spent 28 years at the country’s central bank PBC. His responsibilities covered the research and policy formulation in such areas as financial reform, monetary policy, financial regulation, rural finance and micro-credit, inclusive finance and financial consumer protection. His roles involved in various PBC departments as the General Director of the Financial Consumer Protection Bureau, Party Member of the CPC PBC Shanghai Headquarter Committee, Secretary of the CPC PBC School of Graduate Students Committee and Vice Chairman of the School Affairs Committee, Deputy General Director of the PBC Research Bureau and Deputy General Director of the PBC Research Institute. Mr. Jiao, a professor, research fellow, and doctoral supervisor, is an expert receiving special government allowance from the State Council. He is also a pundit in financial inclusion research in China and a leading expert in financial consumer protection study. As a prolific author, Mr. Jiao has published more than 10 books, 200 academic papers and theoretical articles.
SINGAPORE BULLION MARKET ASSOCIATION
Albert Cheng joined the World Gold Council (WGC) in March 1993 as Regional Manager, becoming Managing Director, Far East in 2003. He retired at the end of March 2015 and has been appointed as Advisor to World Gold Council since 1 April 2015 by the Chairman of the Board.
In addition, he was appointed to the panel of the 18 International Advisors to the Shanghai Gold Exchange in 2016 again, a position he has held since its inception in 2002.
Albert's marketing career began with Dentsu Young & Rubicam, Hong Kong in the early 80's, moved on to gold marketing in July, 1985 when he joined the Royal Canadian Mint as Regional Manager for HK/Southeast Asia.
He was appointed honorary CEO of Singapore Bullion Market Association in Nov, 2015 after retirement.
INTERNATIONAL BULLION MARKET COMPANY
Professional economist with over 20 years of diverse experience in the analysis of metals markets, as well as running the world’s leading precious metals consultancy, GFMS, for over 12 years (until its sale to Thomson Reuters in 2011). Regular appearances on major global TV networks (CNN, BBC, CNBC, Bloomberg) as well as speaking at key international conferences.
DIRECTOR - PRECIOUS METALS
Yang Lu is Director Metals Products at CME Group. Yang is responsible for managing the Exchange’s precious metals product offerings on COMEX & NYMEX and contributing to the development and execution of the strategy for the precious metals business line in EMEA. Prior to joining CME Group, Yang worked as a Metals Analyst at Thomson Reuters GFMS, with a focus on demand analysis across the base metals markets. Yang holds an MSc in Development Studies from the London School of Economics and a BSc in Economics from Zhejiang University. Yang is a Chartered Financial Analyst (CFA).
GLOBAL TECHNICAL GOVERNANCE MANAGER
SGS UNITED KINGDOM LIMITED
Effie is Global Technical Governance Manager for Supply chain Assessment & Solutions services in the SGS Group, working with major companies and initiatives on their social programmes; advising on key trends and providing advice on robust systems and sustainable solutions as part of the broader range of sustainability services offered by SGS.
Effie has been involved in the social accountability and sustainability field for over 20 years and has worked on a number of initiatives to improve audit quality, promote data sharing and help improve supplier performance. She heads SGS’ global activities in relation to the Responsible Jewellery Council certification services as well as working on a number of Chain of Custody programmes in the sector. Since 2015 she has chaired the Independent Governance Committee for Responsible Sourcing which provides oversight for the DMCC Rules for Risk Based Due Diligence in the Gold and precious Metals Supply Chain.
Prior to joining SGS in 1985, Effie spent 6 years in UK garment and micro-computer manufacturing companies. Effie has wide experience within the auditing, inspection and consultancy functions, with specific knowledge of Supply Chain Management.
HEAD OF MARKET DEVELOPMENT - PRECIOUS METALS
Alex is responsible for the development of the LMEprecious product suite and for the LBMA Platinum and Palladium Price Discovery Process. Prior to joining the LME in 2015, he was a Strategy Consultant at Monitor Deloitte, where he led projects across financial services. Projects included strategic planning for a financial regulator, launch planning for a new Exchange venue, new product introduction, development of an International Financial Centre and balance sheet management for a global Bank. Alex started his career with Accenture and Korn Ferry. He holds an MBA from INSEAD and an MA (hons) from the University of Cambridge.
Jeffrey founded Rhodes Precious Metals Consultancy DMCC in 2013 after a career in the global precious metals industry spanning four decades working across four continents for major bullion banks and financial institutions. He has been prominent in the development of the Dubai Multi Commodity Centre and has been a member of Dubai’s Gold Advisory Group since its inception in 2003. Jeffrey is a past chairman of the Public Affairs Committee of the LBMA having been the founding editor of its trade magazine The Alchemist.
Mr. Tawhid Abdullah is one of the most well-known personalities in the gold and jewellery fraternity in Dubai. He was the co-founder of the well-known jewellery brand Damas and the Managing Director cum Chief Executive Officer of Damas Real Estate. He is currently the Managing Director of their latest venture Jawhara Jewellery. Mr. Abdullah is currently the chairman of the Dubai Gold & Jewellery Group.
In 2004, he received Italy's highest civilian Commendatore award for promoting Italian jewellery trade for over 25 years. His professional approach has earned him several accolades from all quarters ranging from Suppliers, Customers, and Media, Banks and Government bodies. Arabian Business Awards named him Businessman of the Year in 2006 and in April 2007, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, awarded Mr. Abdullah ‘the Best Entrepreneurial Mentor’ special award for his support for the young UAE businessmen. In 2007, he was named as one of the top 100 CEOs in the region. As a strong believer in serving and giving back to the community, Mr. Tawhid Abdullah supports several notable charities and has been the major sponsor for many prestigious events.
Les Male is the Chief Executive Officer of the Dubai Gold & Commodities Exchange (DGCX), the largest and most diversified derivatives Exchange in the Middle East. Les has nearly 30 years’ experience in the Global Commodities industry with particular expertise across Exchanges, risk management and trading systems. As an extensively networked business leader with a consistent track record of driving new business, he builds outstanding customer relationships, whilst protecting and growing shareholder return.
Les joins DGCX from NASDAQ where he was responsible for client facing activities on the Global Commodities product suite across UK based Prop shops, brokers, market makers, trading companies and Clearing Merchants (GCM’s) trading crude oil, fuel oil, gas and power derivatives and OTC swap contracts.
A double Engineering graduate from the University of Bath, he joined British Gas as a pipeline engineer before managing strategic projects for the Network Code, culminating in leading the development of Europe’s first gas spot market (the OCM). He later became Commercial Director at EnMO and then continued in that role for APX-Endex, the Anglo-Dutch European gas and power trading Exchange. In 2010 he became the European Managing Director for the Green Exchange, a US backed venture for global carbon trading. After acquisition by the CME Group, his role took on the European gas and Global LNG strategy for NYMEX, prior to joining NASDAQ in 2014.
SR.VICE PRESIDENT - RETAIL & MARKETING
JEWELLERY DIVISION TITAN
Sandeep Kulhalli, is a BSc., (Chemistry) from Fergusson College, Pune and has completed his Post Graduate in Management from Symbiosis, Pune(1982). Most of his working experience has been in Sales & Marketing. His career started in the B2B space with over 6 years’ experience in concept selling of High end Tool Room Equipment and Marketing of Chemical Process pumps,based out of Mumbai. He then joined as Area Sales Manager with Titan Industries Ltd, in 1988, and handled Sales Operations in MP and Vidharbha, later moved to Calcutta as ASM, WB and NE launched Timex in the East as Sales Manager, and completed the stint, as Sales Manager for Titan, for East Region. From 1994, handled the North Region as Regional Manager, for all businesses.
He moved to Corporate office at Bangalore in 2004, as Business Head-Customer Service later Headed the Retailing Business Group for the Watches Division, subsequently headed International Business for the Company and from 2008 he subsequently been heading and managing jewellery division for Flagship brand Tanishq for India & Overseas as well for Mia, Zoya & Gold Plus and now has been designated as Sr.Vice President -Retail & Marketing -Jewellery Division.
RESPONSIBLE JEWELLERY COUNCIL
Andrew joined the RJC in June 2015 as Executive Director. He is responsible for setting out the mission, vision and values of the RJC, working with its management and Executive Committee to develop and review the direction of the organisation, and establishing stakeholder and industry relationships to promote its objectives.
Andrew brings with him 38 years of experience in the international diamond industry working for the De Beers Group of Companies. He began his career as a rough diamond expert and went on to travel extensively with De Beers, including six years living and working in central Africa. He went on to serve in the company’s Sales Department and also managed a ground-breaking partnership between the World Health Organisation and De Beers in the campaign to eradicate polio.
For the last 15 years, he was De Beers’ Group Head of Government & Industry Relations, where – among other things – he contributed to the development and implementation of the Kimberley Process, co-founded the Diamond Development Initiative, served on the board of the Extractive Industries Transparency Initiative and was Vice President of the World Diamond Council.
In addition, Andrew was a visiting lecturer at Westminster University’s Business School and is an alumni member of Cambridge University’s Programme for Industry.
DIRECTOR – PRECIOUS METALS
To successfully lead the precious metals business at DMCC, the world’s number one Free Zone for commodities trade and enterprise, requires a commodities expert that goes way beyond the logistics and supply chain ‘know-how’ to give the organisation agility to maintain its competitive edge - today, tomorrow and long into the future.
Meet Ajay Mathur, who brings with him over 25 years of international banking experience from Standard Chartered, ScotiaMocatta, HSBC and Royal Bank of Canada - primarily as a commercial banker with specialisation in commodities and a forte in setting up new business from scratch.
With extensive experience in Canada, Middle East and India, Ajay joined the DMCC team in 2017 and is instrumental in driving DMCC’s strategy for precious metals to the next level by drawing upon his commodities trade and banking experience. He was also a voluntary member of DMCC’s Dubai Gold Advisory Group and its Physical sub-committee from 2004 – 2012. Today, Ajay’s core objective is to cement DMCC’s position as the global gateway for commodities trade and enterprise.
Drawing upon DMCC’s world-class trade infrastructure from its DMCC Free Zone, home to over 14,100 companies; through to its trade facilitation for key commodities sectors such as precious metals, its financial services platforms including the Dubai Gold & Commodities Exchange; and its unique platforms like DMCC Tradeflow that bring trade finance solutions to market; Ajay ensures the organisation develops the appropriate infrastructure the trade needs to succeed, as well as connecting market participants from all over the world through global events such as DMCC’s annual global Dubai Precious Metals Conference.
Ajay brings a wealth of industry expertise and financial nous with him that continues to bring DMCC and his team to new heights. He graduated with a bachelor’s degree in Economics from University of Delhi, India.
DEPUTY DIRECTOR - PRECIOUS METALS AND DIAMOND MARKET
Graduated from Bosphorus University, Business Administration Department. Worked for Capital Markets Board of TURKEY as auditor and specialist in Ankara and Istanbul. Became Derivatives Department Manager for Istanbul Gold Exchange where first gold futures contracts traded in Turkey. Later, became Vice President of Istanbul Gold Exchange, also worked as Advisor to the President of Istanbul Gold Exchange for a period. After the merger of Istanbul Gold Exchange with Istanbul Securities Exchange to form Borsa Istanbul, started to work as Deputy Director for Precious Metals and Diamond Market.
DUBAI GOLD & JEWELLERY GROUP (DGJG)
Chandraprakash D Siroya, also known as Chandu siroya in business circles, is a Commerce graduate and hails from Rajasthan in India. He is the Managing Director of Siroya Jewellers LLC, one of Dubai’s dynamic companies. He has vast experience in the Manufacture, Wholesale and retail of jewellery. Siroya is the recipient of the Award of Highest Importer of Gold Jewellery from India into the Middle East for 2017 and have been the highest Importer of Indian made jewellery for 8 consecutive years. Siroya Jewellers have also been awarded the Guinness World record for the manufacture of the Worlds Longest Handmade Gold Chain measuring 5.52 kilometers for the Dubai Gold & Jewellery Group during the Dubai Shopping Festival 2015.
Mr. Siroya is the current Vice Chairman of the Board of Directors of Dubai Gold & Jewellery Group. He has been a very active member of the board since its inception 23 years ago. Mr. Siroya is also a member of the Dubai Gold Advisory group at DMCC. He is actively involved within the Jain Community of Dubai and is the President of Jain International Trade Organization Dubai.
Çağdaş is currently responsible of precious metals research and consultancy work for Metals Focus focusing Turkey and all of Middle East with greater emphasis on UAE, Iran, Saudi Arabia and Egypt. Çağdaş has over 17 years’ experience within the commodities industry, eleven of which spent in precious metals. His recent roles have included Business Development Manager and Investor Relations Manager at Goldas Jewelry, Compliance Manager and Deputy Director at Atasay Jewelry Group. Çağdaş holds a BA degree in Economics from Boğaziçi University and an EMBA from Koç University in Turkey.
GLOBAL HEAD OF PRECIOUS METALS TRADING
VTB CAPITAL LTD
Greg Frith started his career in the metals markets on the London Metal Exchange in 2005, where he worked at the LME Ring Dealing member Sempra Metals Ltd. Whilst active as a Dealer on the LME Greg’s focussed on providing market-making and hedging services to Sempra’s global Base Metals trading clients and helped expand the international physical trading business. Greg Frith has been involved in the international Precious Metals markets since 2007 when he joined Standard Bank Plc’s commodities team to help expand their Precious Metals trading business in the Middle East and North Africa, with a focus on expanding physical, leasing and spot trading in the Dubai Gold market. In 2017 Greg left the Middle East to explore new opportunities in Asia and join the leading Russian emerging markets bank, VTB Capital, based in Hong Kong. VTB Capital’s global commodities business has been aggressively expanding its presence in recent years, aiming to create increase synergies between the resource-rich Russia & CIS mining sectors and growing commodities consumer markets in Asia and India. Greg is currently the Global Head of Precious Metals Trading for VTB Capital in Hong Kong, from where he oversees the bank’s international physical Precious Metals Trading business with a particular focus on providing expertise in mainland-China, South East Asia, India, Africa and other key emerging markets.
MANAGING DIRECTOR - TREASURY
Vikas Suri was appointed as RAKBANK’s Managing Director, Treasury in February 2016. Before joining RAKBANK, Vikas was a career banker with Standard Chartered, having worked with them for almost 25 years across a variety of roles in markets across South and South East Asia. After having built and run large Treasury and Financial Markets businesses in India, Indonesia, Singapore and South East Asia, he was most recently the Managing Director and Regional Business Chief Operating Officer for the bank for the ASEAN region. In this role, Vikas was responsible for the strategy and its delivery across all the business units of the bank in the region, including implementation of large change programs. Vikas holds a Masters in Business Administration from Delhi University in India.